Dr. Gil Feiler The privatization strategy of Uzbekistan is shifting into high gear. Led by Franklin Templeton, the manager of the sovereign-backed Uzbekistan National Investment Fund (UzNIF), the state-owned flag carrier, Uzbekistan Airways, has been officially tapped to spearhead a wave of high-profile initial public offerings (IPOs). Target-dated to launch as early as the second half of 2026 or early 2027, this landmark listing represents a crucial test case for ...